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or not our political system, whether the leaders can get together, whether they can solve big problems or are they just going to kick the can? if you look at the statements of the rating agencies who have questioned the fiscal soundness of this country, it's about our political system, not being willing or able, seemingly, to take on big tasks. >> the president may be confident about a larger plan but senate minority leader mitch mcconnell, one of the key lawmakers involved in negotiations says he thinks a $4 trillion deal is off the table. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> after last night's white house meeting, house minority leader nancy pelosi said democrats are still hopeful for a large bipartisan agreement as long as it does not do harm to the middle class. and aides to john boehner says the speaker now believes the cuts outlined by vice president biden's bipartisan gro
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
people. we are not showing this to you for the sake of it. who do you know who making a big difference in your community? you can nominate these heroes and they end up winning. >> making a huge difference in their communities. a good thing to see. we want to wish everybody a wonderful fourth of july weekend. hope you're safe, healthy, happy and you have a little bit of fun. >> you're off? >> i'm off watching the fireworks. >> christine and i will be here on monday. have a fantastic weekend. kyra phillips takes it over now with the "cnn newsroom." >> how about a lot of fun? come on! >> some people have to work so i felt bad! >> happy fourth of july, guys. we all will be celebrating. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thank you for joining us. >>> witnesses taking the stand in the casey anthony murder trial. the judge says the case could go to the jury this weekend. >>> los alamos national lab closed fifth day as high winds make problems for fire crews. 94,000 acres have burned. lab officials say toxic materials are saving. >>> royal couple wakes
proceeding all through making headlines for wrong reasons but making big headlines nonetheless. >> we are following awe tlel' more on the nfl next week. mark, thanks. >>> the numbers are out. not the poll numbers and not the dow industrial. we are talking about the big number of bucks your presidential candidates are raising to win the white house. jim acosta, who has got the biggest bank? >> reporter: sometimes he's are the numbers that count, kyra, this morning. it looks like at this point, the person who has got the biggest bank right now is mitt romney. we haven't gotten any official totals in right now. yesterday his campaign did confirm that he is expected to bring in between $15 million and $20 million in the first quarter of fund-raising this year. not as much as he raised for the 2008 campaign but, still, way ahead of the rest of the pack. jon huntsman, we can mention, he also has a pretty big fund-raising hall for a guy that not a lot of people know about. $4 million. we should mention half of that, though, is money he kicked in himself. he is part of a very wealthy family t
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
: it is a huge moment for u.s. women's soccer. can they beat back france today? that is the big question. you know what? so many people around the world, as well as people watching them in germany, are actually rooting and cheering for the u.s. they are the favorites to win the world cup. i mean, they just had an incredible performance. you know? here you see them practicing. they had this incredible match against brazil and in the last minute, they scored a goal and then ended up winning on penalty shoot-outs. everyone is still buzzing about how i credible it was. so the question is can they pull it off today? and what many people are saying is that they have got the fitness, they have got the never say die attitude and they hope that they can manage it today. you know, they are very fit and the french have to work their da derrieres off today. >> i think they all will be working their derrieres off. what do you think? you've been watching this closely. >> you've got germany out. that was a huge team and the favorites to win the competition in germany. they got booted out. the brazilians, a
is an open minded scholar. who embraces big ideas who's not encapsulated by silos or artificial boundaries. he's clarifies as he pursues nuance and complexity. don't be fooled by the fact that this book and after the cohen says from prehistoric times to the french revolution. professor fukuyama takes you through the state, counter, and government, and what's the origin. having one of those in place doesn't suppose that the others will have vibrant and alive institutions. he discusses failed and failing states, provides probing questions ab the -- about the united states as well. i love the fact that you defend the necessity of politics even as you take us through political anxiety and political decay and it makes us think about our own society here in the united states. i have not read the whole book yet. but i've already been made to think for me unreconstructed and open-minded liberal you helped me realize there's more than friedrich hayek that market absolutism. let us welcome francis fukuyama and -- [applause] [applause] >> let's also pay tribute to the good work of c-span which adds t
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
. >>> complete bay area news coverage starts right now. this is the 10:00 news. >> the big fireworks show in san francisco ended with a bang just minutes ago and this year the fog cooperated. good evening. i'm heather holmes. >> tens of thousands of people enjoyed a great 4th of july fireworks show under clear skies in san francisco as the fog stayed away from the waterfront. john live with where the show just wrapped up. >> reporter: the fireworks here wrapped up just about ten minutes ago but take a look up in the night sky right now. he with can show you parts of the show that wowed this huge crowd. . >>> it was the rockets red glare and bombs bursting in air. >> everybody is looking for a spark in life and the fireworks just does it for you every time you look at them you see freedom and sparks that you want in life. >> reporter: for hundreds of thousands of people who came to san francisco's waterfront this was a big party. with a rotten economy it's a tough time in the history of the nation. >> it's sadder for me because i'm older and i it's going to be difficult f
the cia gets caught up in this big debate about how to interrogate what to do. >> they say it's tough. anytime they operate outside of iraq and afghanistan in battlefields it becomes murkier. they say they're faced with the question of can he go back to the u.s. and be tried? that has to go through several agencies. can he have a third-party that take him when neither of the two are available, they would be forced to let someone go. >> the obama administration's treatment of the somali terrorist suspect isn't sitting well with lawmakers on capitol hill. among them lindsey graham of south carolina. >> we learned this morning that a gentleman was taken into custody, kept on a u.s. ship and he's now in custody. >> the last thing i'm worried about is prosecuting enemy fighters. i want to find out what they know about the enemy, what intelligence value do they have to the united states. having people on ships has never been used in warfare before in terms of prisons. he should have been sent to guantanamo bay and held as an enemy combatant and interrogated. >> the administration would make
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
's the main points? >> this is really great news. giving parents choices. the big change is that on menus that participate in this program there will be meals with at least one combination of -- that has 600 calories or less and with that, the side dish will have to be 200 calories or less more than that, looking at the types of foods, to make sure they're in line with the guidelines, increased fruits and vegetables. lean protein, whole grains and low fat dairy. >> choices are good. options are good, but the difference, what's the real difference here? >> well, you know, that's the big question. there is a recent study out of yale and looked at 20 fast food chains, there were 3,3,0 different combinations of kids' food. only 27 of thehemet the kind of guidelines we're talking about here. the big issue is will they be promoting these healthy guidelines, or will it just be one item on the menu and kids are still going for the fries. >> kind of related is getting a lot of buzz. "the journal of the american medical association," a piece where harvard doctors are suggesting if you have a child
and increase the nations borrowing limit. >> everything they have told me and the speaker is to get a big package would require big tax increases in the middle of an economic situation extraordinarily difficult 9.2% unemployment. it is a job killer. >> we need to do something very big, substantial to bring long term debt down overtime we have to do that in a way that is good for the economy. >> reporter: of course there is a difference in opinion what is exactly good for the economy, house speaker john boehner said look the republicans are not going to agree on any package that includes any increases in taxes therefore the republican package is $2 trillion where as the deal the president has been pushing is a $4 trillion deal we should learn more at the press conference scheduled here at the white house 11:00 a.m. >>> three small planes in three separate incidents had to be intercepted by fighter jets this weekend each plane flew too close to camp david. the first around noon saturday another later that night the third happened late yesterday morning in every case the planes landed withou
time. sonja "black widow" thomas won with 40 dogs. i'm a big hot dog lover and can't imagine that. how many do you think you could eat? if you're hungry and like them. they're not the biggest. >> personally, i have had three. >> i can do better than three. >> really? >> i was thinking six or seven. >>> coming up, a grizzly discovery in an indiana creek. police waiting to see if it sheds light on the disappearance of a college coed. >>> also, a civil war reenactors in a battle with mother nature. why they got the shock of their life. >>> wowing the crowds in canada, what the royal couple is up to today. chronologically i'm sixty years old. is it the new forty, i don't know. i probably feel about thirty. how is it that we don't act our age? [ marcie ] you keep us young. [ kurt ] we were having too much fun we weren't thinking about a will at that time. we have responsibilities to the kids and ourselves. we're the vargos and we created our wills on legalzoom. finally. [ laughter ] [ shapiro ] we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and co
can watch tomorrow's women's world cup final on a big-screen with a few other soccer fans. >>> run he had run, see who is behind hey parents, it's going to be a big school year. see, i'm not just teaching woodwinds and strings. i'm teaching attitude! if your kids want to sound cool, they have to look cool! so, here's what they'll need: denim, graphic tees, leggings and tunics, more denim, backpacks, headphones, hair gel, denim, converse one star shoes, denim, shaun white hoodies and denim. school takes a lot. target has it all. >>> when richmond's iron triangle neighborhood makes it into the news, it's usually not good. but tonight, we can show you something other than crime and violence from that community. ktvu's mike mibach reports. >> reporter: saturday morning, richmond's iron triangle. >> it's going to be a change. it's going to be a change in richmond. >> reporter: on this day at this park. >> we're trying to stop the violence and i with like to be part of that. >> reporter: a picnic, a party, all filled with music, basketball and richmond residents. this is the iron triangle
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
and we did receive a report of one fatality. >> pamela, christine here, how big is the area the researchers are searching and what are they dealing with in terms of conditions and weather there? >> the coast guard hasn't left yet. we're waiting for the sun to come up before we conduct a search. when we do, we will conduct a thorough and exhaustive search of the area, we cover hundreds of square miles of water and we'll be doing that as soon as the sun comes up. >> do we know any -- any sense of this vessel, you told us 100 foot fishing vessel, is its weather that caused it to capsize? >> yes, ali. we received a report that they had hit some rough weather on sunday morning and the boat had capsized and sank almost immediately. the vessel was close enough to shore where some people were actually able it to swim to shore and they had to notify authorities when they got on land. >> petty office ser pamela bailen, we'll check in with you later. >>> former serb commander ratko mladic kicked out of court this morning. the judge removing mladic from the chambers after multiple disru
in the senate for us. how does austerity look for ordinary italians? >> the big weakness of this budget is it puts off some many of the cuts and tax increases until 2013, 2014. that is not coincidental. there is a general election in june 2013. all of this will have to be done by the next government. in the meantime, there is going to be a gaming tax, increased health charges, cuts in pensions, but only for the highest pensions -- and in italy, pensions are pretty generous. this is not a budget which in the short-term is going to lead anybody into destitution. >> in other news, syrian pro- democracy activists say government forces have killed at least nine people as protests against the president continue. reports indicate the military crackdown on opposition activists in damascus and hana. police have arrested members of opposition supporters. non-governmental organizations say at least 1600 people have been killed since the uprising began four months ago. 13 turkish soldiers have been killed in an attack in the southeast of the country. officials say kurdish militants ambushed troops.
doesn't matter. a lost season is a big deal. >>> tight lipped about any emergency surgery and now an admission from venezuelan president hugo chavez. in a televised appearance yesterday, chavez says that doctors in cuba operated on him to remove a cancerous tumor in june. there's no word yet on when he will return to venezuela but speculation surrounded his health after he canceled a high-profile summit of latin american leaders slated for this month. >>> in japan the government is recommending more evacuations from the area around the fukushima daiichi nuclear power plant. officials say 113 additional households should evacuate from four districts now considered radiation hot spots. that's far beyond the mandatory exclusion zone set up for 20 kilometers around the fukushima reactors. >>> on the run since 2005, and on the 15 most wanted fugitive list since june, alleged drug kingpin keith hasson arrested in los angeles yesterday. he's suspected of masterminding a nationwide cocaine and marijuana ring which raked in more than $20 million. he's also wanted on an open indictment in n
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
. those conditions could cause big problems. brianne carter is live on the national mall as we get ready for today's east.-- today's heat. >> usually we filigrees at this time of the morning, a petite is already in washington. today is going to be even worse than yesterday. another day of heat and humidity. while this is part of what summer in washington is like, people are taking precautions. many try to gaps out during predict many try to get out during the early morning or late evening. we will feel that again today. on days likeness its can certainly be unhealthy and potentially dangerous. officials with the fire department say that they do see an increase in calls on days like this. they are urging everyone to stay hydrated and stay in the status possible. we are certainly going to be dealing with the heat. -- stay and the shade,. >>> people in the midwest, the south, and the northeast are doing all they can to stay cool. there are heat advisory is in 20 states. but he is expected to stick around for a few more days. -- the heat is expected to stick around. >>> a lightning strike i
stay cool and play games as they wait for the big show. >> it is 4th of july, independence day and i'm from the city of brotherly love where it all began. >> reporter: not only is baltimore patriotic but your shirt is patriotic. >> right, i'm in a patriotic mood today. >> being out here when the fireworks, it's just so amazing, you see everybody return to being a child. >> i enjoyed the last time i came down with my kids. so i really wanted to be down here again. >> reporter: some arrived early to get the best seat of the house. >> the best place to watch. >> you have a birds eye view, nobody is in front of you to block your view and you see it all. >> reporter: okay now just to give you an idea. people have been coming down all afternoon. there are several police officers who have already aligned themselves all along the harbor walk literally within the last, i want to say 20 minutes, half hour, people have just packed the house here. over here, i don't know how much of this you'll be able to see. but again people just lining up to see the shows and then people taking on the grassy
. >> and how it impacted his career. >>> big story we're following in our area. gunfire at a maryland playground. a 5-year-old pulled the trigger. it happened in hill crest heights. >> reporter: police are still trying to figure out who owns that gun, but they do believe the child got it somewhere inside his home. a witness said that it looked like the 5-year-old boyouted a smaller .22 caliber handgun when he shot that 4-year-old boy. that child was taken to children's hospital and is expected to survive. the shooting happened police say when a 5-year-old boy brought the gun to the playground. the 4-year-old boy who was shot ran back to his apartment and a neighbor called 911 and helped address the boy's wounds. police found the 5-year-old who pulled the trigger and the gun he used inside the boy's apartment. now neighbors can't help but think how much worse this could have been. >> there are many people who own guns who have to understand the proper storage of handguns is important. >> reporter: police have questions for the boy's parents. they are trying to figure out who the owner
for nasa and the united states. sometimes it takes the big think from above and we will see if this government weighs in too. >> interesting fact. the president who signed off on the idea of the shuttle. >> who? >> who saw the model? president nixon. a long time ago. >> almost. >> >>> that does it for us. for now, kyra phillips takes over with "cnn newsroom." >> good morning. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. i'm kyra phillips. >>> a tough wait for casey anthony and everyone invested in her murder trial. she is accused of killing her 2-year-old daughter caylee. the jury beginning second day of deliberations. >>> former imf chief dominique strauss-kahn facing a you new complaint. a writer says he tried to rape her eight years ago. her lawyer is following the charge with prosecutors. >>> senate back in session after the holiday weekend. top of the agenda? the jet ceiling deadlock. the treasury due to run out of money in less than a month. >>> we begin this morning, it's been more than 30 hours in shark-infested water. coast guard crews and mexic
. the scandal now spanning across the atlantic and claiming its first big victim on this "american morning." >>> and good morning. welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. >> susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. >> the question is, does this mean that the walls are crumbling at news corp. it's too early to say, bulls this is a crack in the wa
in the lower righthand corner, you choose, what do you want to see? this very big baby, a newborn giraffe? the most efficient government building in america? that's choice number two. and number three, los angeles guy who finds a way to put hundreds of gallons of gas in his tank, but well, he could go to jail for what he did. we'll tell you about it, if it's the one you pick. your must-see moment of the day. you vote, foxnews.com, happening now, it's your other news source. julie: a fox news alert for you and a power plant implosion that we are awaiting in frisco, texas, this power plant has served texas for 50 years and it will come crumbling down just minutes from now, it is the retired colon power plant in frisco. as soon as that happens, we'll bring you that amazing picture. we never get sick of implosions. jon: what goes up must come down. julie: there you go, live tv for you! jon: right now a stunning turnaround in the sexual assault case against dominic strauss-kahn, prosecutors agreeing to free the former chief of the international monetary fund on his own reconnaissance, that mea
? >> what we need to do is the president proposed that we deal with this very big problem in a big way. and that democrats should put all of our sacred cows on the table. we demonstrated that we're willing to put all our sacred cows on the table. the republicans are simply not willing to do anything but sit on their hands and cross their arms like spoiled children, almost. and that's just not responsible. what democrats want to do when it comes to dealing with entitlements is make sure that we don't end medicare as we know it. that we don't cut benefits but we look at medicare and social security in a way that can preserve the long-term solvency of those programs and not propose what the republicans have to end those programs. >> speak of safety nets, the president did say in his interview last night that he could not guarantee that he would continue paying social security benefits if there were a default. this is what michele bachmann had to say about that. >> we were all shocked and appalled that president obama dangeled out in front of the cameras that senior citizens may not get th
election and we don't know who the republican candidate will be but already we have one big group that is throwing its support behind president obama. jim acosta is on that for us out of washington this morning. hey, jim. >> reporter: good morning, kyra. this is not a big surprise. we went a lot of time talking about the republican race for 2012. on the democratic side the president picked up an important endorsement yesterday from the national education association. this is the teachers union as everybody knows. and the vice president gave a pretty important speech yesterday to this union and so, today, the teachers union is throwing its support behind the president. not unexpected, as i mentioned. we got a quote from the president of the nea, dennis van roekel. what is somewhat surprising about all of this is that the nea would come out with this endorsement this soon. the president has sort of occasionally and his administration has occasionally shown tough love toward the teachers around the country and the nea has come out strongly behind the president he saying they are conc
. even american banks have almost $300 billion. is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte. but the decree for a large austerity plan was already passed. and it was because of this fight that the markets feared that maybe this decree was not going to be approved by parliament. today the situation has been clarified. by friday this package will be passed and, you know, italy is going to go on by adopting this plan and by 2014 it will have a balanced budget which is going to be quite an enviable situation if all of this will go according to plan. >> suarez: professor rogoff, the news of the austerity plan seemed to have calmed really jittery mar
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
quickly. that's still four or five years away and maybe deep space beyond. that's where the big questions are, whether we're going to follow through on that promise. >> you just described to us earlier how this is a record breaking crowd there at the kennedy space center. tell us what happened when the shuttle landed. >> for the first time in my coverage of the space shuttle landings, there was a huge round of applause as it landed. a lot of excitement. and there certainly is the sense of wow, this is really it. this is the very final time we're going to see this down. it's a little bit of a drag that it was predawn. it's really hard to see. usually see the shuttle approaching the runway because the lighting change on the runway lights being obscured by the shuttle coming in but then come flying behind us on the runway with a big parachute out dragging it down to a slower speed but certainly there was a lot of pride, i think, here watching this end of an era and, of course, you know, we had the big private commercial taxi service you mentioned, tom, in october, i believe, the big falcon l
, this backup plan could be left as the last option standing. but the big question is always, wolf, will it pass the house? can it pass the house? and this seems to be another example of just how divided the republican party is on this issue. >> yeah, it's a huge, huge division right now. going forward, this debate, we'll see what happens. kate, thanks very much. let's check in with jack right now. he's got the "cafferty file." >> despite that nasty game of chicken going on in washington over raising the debt ceiling. congressional leaders in both parties pretty much agree that doing it is going to be necessary. the argument is over what else goes into the bill that's tying them up and bringing the country dangerously close to defaulting on some of our loans. according to a new poll, 40% do not want the debt ceiling raised and they want their members of congress to vote against any measures that raise it. only 22% want their lawmakers to vote for raising the debt ceiling. and more than 1/3 of americans say they're just not sure. when asked which is a greater concern, 51% say raising the debt cei
a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the debt ceiling deadlock in washington led to increasingly urgent appeals for action today. but even as talks resumed, white house officials warned not to expect a hallelujah moment. fresh alarms sounded on wall street and around the world today about the consequences of a potential u.s. government default. standard & poors joined moody's in warning the country's credit rating could be downgraded, if the government tries to pay just the interest on its debt. and china said it hopes the u.s. adopts responsible policies. the chinese hold more than $1 trillion in u.s. debt, more than any other foreign creditor. at a senate hearing, federal reserve chairman ben bernanke-- t
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